Portfolio Milestone.

I have attached the bellow in a Word DOX as formatting can be lost

Portfolio Milestone (75 Points)
Important! Read First

Choose one of the following two assignments to complete this week. Do not do both assignments. Identify your assignment choice in the title of your submission.

Option #1: Executive Summary of a Risk Management Plan
The Project Management Institute (Project Management Institute, 2017) defines the Risk Management Plan as containing some or all of the following elements:

Risk strategy
Methodology
Roles and responsibilities
Funding
Timing
Risk categories
This is outlined in both A guide to the project management body of knowledge and the Practice standard for project risk management.

Instructions:

For the Portfolio Project that is due in Week 8, you will develop a complete Risk Management Plan and Risk Register for a project.

Select a project within your industry, or within an industry in which you would choose to work as a project manager. Submit an executive summary of your selection (high-level project charter) for a grade. You will also begin to outline a Risk Management Plan for this project and add to it each week. This will be submitted as part of your Portfolio Project in Module 8.

Your executive summary should meet the following requirements:

Be 1-2 pages in length, not including the cover and references pages.
Be formatted according to theCSU-Global Guide to Writing & APA (Links to an external site.).
Refer to the Portfolio Project milestone grading rubric below for more information on assignment expectations and grading.

Reference

Project Management, I. (2017). A guide to the project management body of knowledge: (PMBOK® guide) (6th ed.). Newtown Square, PA, USA: Project Management Institute.

Option #2: Outline of Risk Management Planning Process
The Project Management Institute (Project Management Institute, 2017) defines the Risk Management Plan as containing some or all of the following elements:

Risk strategy
Methodology
Roles and responsibilities
Funding
Timing
Risk categories
For your final Portfolio Project, you will write a paper detailing the entire Risk Management Planning process. You will include discussion and analysis of terms learned throughout this course. Your paper should describe each phase of the process; how it is planned; and any inputs, tools and techniques, and outputs that can be applied. Your Portfolio Project should demonstrate your critical thinking abilities, your knowledge of risk management systems, and your ability to apply risk management practices and tools. This will be submitted in Module 8.

This week, you will submit your paper outline for a grade.

Your outline should meet the following requirements:

Be 1-2 pages in length, not including the cover and references pages.
Be formatted according to the CSU-Global Guide to Writing & APA (Links to an external site.).
Refer to the Portfolio Project milestone grading rubric below for more information on assignment expectations and grading.

Reference

Project Management, I. (2017). A guide to the project management body of knowledge: (PMBOK® guide) (6th ed.). Newtown Square, PA, USA: Project Management Institute.

Rubric
PJM410 Mod 3 PM

PJM410 Mod 3 PM

Criteria

Ratings

Pts

This criterion is linked to a Learning Outcome Content

25.0 to >20.0 pts Meets Expectation

Demonstrates strong or adequate knowledge of developing a risk management plan or process, and correctly represents knowledge from the readings and sources.

20.0 to >15.0 pts Approaches Expectation

Some significant, but not major, errors or omissions in demonstration of knowledge.

15.0 to >10.0 pts Below Expectation

Major errors or omissions in demonstration of knowledge.

10.0 to >0 pts Limited Evidence

Fails to demonstrate knowledge of the materials.

25.0 pts

This criterion is linked to a Learning Outcome Requirements

10.0 to >8.0 pts Meets Expectation

The Portfolio Project includes all of the required components, as specified in the assignment.

8.0 to >6.0 pts Approaches Expectation

The Portfolio Project includes most of the required components, as specified in the assignment.

6.0 to >4.0 pts Below Expectation

The Portfolio Project includes some of the required components, as specified in the assignment.

4.0 to >0 pts Limited Evidence

The Portfolio Project includes few of the required components, as specified in the assignment.

10.0 pts

This criterion is linked to a Learning Outcome Decision Making

25.0 to >20.0 pts Meets Expectation

Demonstrates strong or adequate decision making skills regarding the tools, techniques, roles and responsibilities, and strategies needed to create a risk management plan or detail the risk management process.

20.0 to >15.0 pts Approaches Expectation

Some significant, but not major, errors or omissions in decision making skills regarding the tools, techniques, roles and responsibilities, and strategies needed to create a risk management plan or detail the risk management process.

15.0 to >10.0 pts Below Expectation

Major errors or omissions in decision making skills regarding the tools, techniques, roles and responsibilities, and strategies needed to create a risk management plan or detail the risk management process.

10.0 to >0 pts Limited Evidence

Fails to demonstrate decision making skills regarding the tools, techniques, roles and responsibilities, and strategies needed to create a risk management plan or detail the risk management process.

25.0 pts

This criterion is linked to a Learning Outcome Organization

5.0 to >4.0 pts Meets Expectation

Project is clearly organized, well written, and in proper essay format, including an introduction, body, and conclusion. Conforms to project requirements.

4.0 to >3.0 pts Approaches Expectation

Small number of significant, but not major, flaws in organization and writing; is in proper essay format. In a minor way, does not conform to project requirements.

3.0 to >2.0 pts Below Expectation

Major problems in organization and writing; does not completely follow proper essay format. In a significant way, does not conform to project requirements.

2.0 to >0 pts Limited Evidence

Project is not well organized or written and is not in proper essay format. Does not conform to project requirements.

5.0 pts

This criterion is linked to a Learning Outcome Grammar and Style

5.0 to >4.0 pts Meets Expectation

Strong sentence and paragraph structure; few or no minor errors in grammar and spelling; appropriate writing style; clear and concise, with no unsupported comments.

4.0 to >3.0 pts Approaches Expectation

Small number of significant, but not major, errors in grammar and spelling; generally appropriate writing style.

3.0 to >2.0 pts Below Expectation

Inconsistent to inadequate sentence and paragraph development; work needed on grammar and spelling; does not meet program expectations.

2.0 to >0 pts Limited Evidence

Poor quality; unacceptable in terms of grammar and/or spelling; inappropriate writing style that interferes with clarity.

5.0 pts

This criterion is linked to a Learning Outcome Demonstrates Proper Use of APA Style

5.0 to >4.0 pts Meets Expectation

Project contains proper APA formatting, according to the CSU-Global Guide to Writing & APA, with no more than one significant error.

4.0 to >3.0 pts Approaches Expectation

Few errors in APA formatting, according to the CSU-Global Guide to Writing & APA, with no more than two to three significant errors.

3.0 to >2.0 pts Below Expectation

Significant errors in APA formatting, according to the CSU-Global Guide to Writing & APA, with four to five significant errors.

2.0 to >0 pts Limited Evidence

Numerous errors in APA formatting, according to the CSU-Global Guide to Writing & APA, with more than five significant errors.

5.0 pts

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